SHANGHAI, Dec. 14, 2011 /PRNewswire-Asia/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 0981.HK), China's largest and most advanced semiconductor foundry, today announced its receipt of a 1 billion unit product milestone award from customer Qualcomm Incorporated in a ceremony held at SMIC's Shanghai headquarters.
Qualcomm, the world leader in 3G and next-generation mobile technologies, gave the award to SMIC in recognition of its excellent track record of support for Qualcomm's power management processor. During the multi-year collaboration, SMIC has achieved over 1 billion unit shipments of power management processors with an outstanding delivery record over the past year.
"We are honored to receive this award from Qualcomm, which marks an important milestone for our collaboration on the power management processor," said SMIC CEO and Executive Director TY Chiu. "We greatly appreciate Qualcomm's trust in SMIC and will continue to be a valued partner in advanced technology and foundry services."
Jim Clifford, senior vice president and general manager of operations at Qualcomm, said: "SMIC has consistently demonstrated excellence in manufacturing quality, reliability and customer service since we began our collaboration in 2006. We are proud to work with SMIC to provide our customers with innovative products of the highest quality."
Prior to today's award, SMIC also earned Qualcomm's "Mixed Signal Foundry of the Year" award in 2007, as well as a "Continued Excellence Award" for power management support in 2009.
About SMIC
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and three 200mm wafer fabs in its Shanghai mega-fab, two 300mm wafer fabs in its Beijing mega-fab, a 200mm wafer fab in Tianjin, and a 200mm fab under construction in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 300mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation.
For more information, please visit www.smics.com
Safe Harbor Statements
(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information, "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on SMIC's current assumptions, expectations and projections about future events. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements, including among others risks associated with the press release, the current global financial crisis, orders or judgments from pending litigation and financial stability in end markets.
Investors should consider the information contained in SMIC's filings with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F filed with the SEC on June 28, 2011, especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections, and such other documents that SMIC may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as may be required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.
SMIC Contact Information:
English Contact
Mr. Ambrose Gano
Tel: +86-21-3861-0000 x16394
Email: Ambrose_Gano@smics.com
Chinese Contact
Mr. Peter Lin
Tel: +86-21-3861-0000 x12349
Email: Peter_LHH@smics.com